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GMC Sierra EV, Lucid Air, cold-weather EV range, tax-credit stalls: Today’s Car News

Green Car Reports

The EV tax credit could be stalled for months in the Senate. We get a first look at an all-electric GMC Sierra. General Motors’ GMC truck brand yesterday teased the all-electric version of its Sierra. The Lucid Air is a Best Car To Buy Finalist. And how much does cold weather affect EV range?

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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

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Cadillac teases new Opulent Velocity performance EV concept, is it too little too late?

Baua Electric

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit).

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

General Motors is negotiating a U.S. ” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability. battery-supply deal with China’s CATL, Car News China reports. car manufacturing.”

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GM ready to unleash next cycle of EV growth after record Q2 revenue

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. All models qualify for the $7,500 EV tax credit. Over the next few months, GM will bolster its lineup with new EVs, including the GMC Sierra EV and Cadillac OPTIQ, Escalade IQ, and CELESTIQ models launching.

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GM claims its next cycle of EV growth is coming, but when?

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. All models qualify for the $7,500 EV tax credit. Over the next few months, GM will bolster its lineup with new EVs, including the GMC Sierra EV and Cadillac OPTIQ, Escalade IQ, and CELESTIQ models launching.

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